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News

Saudi Arabia Looks To Attract Tourists With ‘Epic’ Offshore Rig Thrills  

Saudi Arabia Looks To Attract Tourists With ‘Epic’ Offshore Rig Thrills  

Oct 18, 2021 at 15:48 | Charles Kennedy

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), unveiled this weekend its latest project to attract tourists to the country by offering “epic adventures” in a park,…

The Trade Meeting Metal Investors Need To Watch

The Trade Meeting Metal Investors Need To Watch

Oct 18, 2021 at 13:42 | Ag Metal Miner

Talk of trade meetings is usually met with a yawn and click to the next news item. However, last week’s meeting between the E.U. and the U.S. in…

These Are The Most Coal-Dependent Countries In The World

These Are The Most Coal-Dependent Countries In The World

Oct 18, 2021 at 13:21 | ZeroHedge

Coal shortages are currently causing electricity supply problems in two major coal-using economies, India and China.

UK Grid Relies For 62 Percent On Fossil Fuels For Its Energy

UK Grid Relies For 62 Percent On Fossil Fuels For Its Energy

Oct 18, 2021 at 11:36 | Julianne Geiger

Ahead of COP26, the UK National Grid showed that fossil fuels were generating 62 percent of its energy, while renewables chipped in just 6.3 percent. By far, natural gas is…

North Vancouver Wants To Use Bitcoin For Heating

North Vancouver Wants To Use Bitcoin For Heating

Oct 18, 2021 at 10:35 | Charles Kennedy

The city of North Vancouver could become the first city in the world to use bitcoin mining for heating. City-owned Lonsdale Energy Corporation said this month it had struck…

German Greens Want More Russian Gas, But No Nord Stream 2

German Greens Want More Russian Gas, But No Nord Stream 2

Oct 18, 2021 at 09:26 | Irina Slav

Germany depends on Russia for its gas supply, and the current government must negotiate more supplies with Moscow, the co-chairman of the country's Greens told media, as quoted by…

Coal Generation In UK Jumps As Wind Speed Drops

Coal Generation In UK Jumps As Wind Speed Drops

Oct 15, 2021 at 17:31 | Charles Kennedy

Coal met some 3 percent of the UK’s electricity demand on Friday morning, reaching its highest level of Britain’s power generation in one month, amid lower wind speeds this week…

China Seeks Long-Term U.S. LNG Supply Amid Energy Crisis

China Seeks Long-Term U.S. LNG Supply Amid Energy Crisis

Oct 15, 2021 at 15:51 | Tsvetana Paraskova

Several Chinese energy giants have intensified discussions with U.S. liquefied natural gas (LNG) exporters to secure long-term supply deals in light of record spot prices in Asia, rising demand, and…

Germany’s Incoming Govt Agrees To Phase Out Coal Eight Years Ahead of Schedule

Germany’s Incoming Govt Agrees To Phase Out Coal Eight Years Ahead of Schedule

Oct 15, 2021 at 12:49 | Tsvetana Paraskova

The coalition that will form the government to succeed Germany’s Angela Merkel has agreed to phase out coal by 2030, eight years than currently planned, Reuters reported on Friday.…

Gazprom May Boost Production Capacity For Long-Term Gas Deals

Gazprom May Boost Production Capacity For Long-Term Gas Deals

Oct 15, 2021 at 11:36 | Tsvetana Paraskova

Russia’s gas giant Gazprom could increase production capacity if it sees higher demand for volumes under long-term supply contracts from Europe, Russian Deputy Prime Minister Alexander Novak said on Friday.…

House Republicans Criticise Biden's

House Republicans Criticise Biden's "Anti-American" Energy Policy

Oct 15, 2021 at 10:31 | Charles Kennedy

A group of House Republicans has in a letter to President Biden slammed him for what they have called "anti-American energy policies", including the president's appeal to OPEC+ to raise…

Activists Try To Occupy Interior Department In Protest Against Fossil Fuels

Activists Try To Occupy Interior Department In Protest Against Fossil Fuels

Oct 15, 2021 at 09:14 | Tsvetana Paraskova

Climate activists clashed with police as protesters against fossil fuels tried to occupy a building of the U.S. Department of the Interior on Thursday—a stunt that sent at least…

India’s Coal Crisis Worsens As Top Coal Miner Halts Supply To Industrial Users

India’s Coal Crisis Worsens As Top Coal Miner Halts Supply To Industrial Users

Oct 14, 2021 at 17:33 | Tsvetana Paraskova

The largest coal miner in the world, Coal India, has temporarily suspended supply to several industrial consumers in India as it prioritizes shipments to the coal power plants which provide…

Gas-Rich Israel Can’t Save Europe From Energy Crisis

Gas-Rich Israel Can’t Save Europe From Energy Crisis

Oct 14, 2021 at 15:36 | Charles Kennedy

Israel cannot come to the rescue of Europe’s gas and energy supply crunch as it is unlikely to raise the level of its natural gas exports, a senior Israeli official…

Can Iran And Azerbaijan Finally Patch Up Old Wounds?

Can Iran And Azerbaijan Finally Patch Up Old Wounds?

Oct 14, 2021 at 14:58 | RFE/RL staff

Azerbaijan and Iran have agreed to resolve their diplomatic crisis through dialogue amid tensions that erupted last month over exercises near their shared border and a dispute over…

Finland Wants EU To Give Nuclear Power

Finland Wants EU To Give Nuclear Power "Sustainable" Status

Oct 14, 2021 at 12:26 | ZeroHedge

It looks as though Finland is starting to come back around to the idea of nuclear power - and that they plan on taking their advocacy for very-low emission energy…

Presidential Candidate Promises To Dismantle France’s Wind Industry

Presidential Candidate Promises To Dismantle France’s Wind Industry

Oct 14, 2021 at 11:25 | Tsvetana Paraskova

Marine Le Pen, the far-right candidate who reached the run-off vote against Emmanuel Macron in 2017, is running for president of France again and said she would stop all wind…

Algeria Set To Cut Gas, Electricity Subsidies

Algeria Set To Cut Gas, Electricity Subsidies

Oct 14, 2021 at 10:28 | Charles Kennedy

OPEC member Algeria plans to reduce subsidies for electricity and domestic gas next year in order to cut government spending and strengthen its economy. The OPEC producer, which pumps just…

U.S. Announces Lease Sales for Massive Offshore Wind Expansion

U.S. Announces Lease Sales for Massive Offshore Wind Expansion

Oct 14, 2021 at 09:08 | Charles Kennedy

The U.S. Interior Department plans to hold up to seven lease sales for offshore wind as part of efforts to boost the country’s wind power capacity to 30 GW by…

Large Crude Build Pushes Down Oil Prices

Large Crude Build Pushes Down Oil Prices

Oct 13, 2021 at 15:38 | Julianne Geiger

The American Petroleum Institute (API) on Tuesday reported another week of crude oil inventory builds. This time, the build is extra large, at 5.213 million barrels for the week ending…

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